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MugundaMan		#1451 Posted : Monday, October 15, 2018 8:53:33 AM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		Sparkly, Neveready rose from 90 cents to 1.10 the past week but you do not see me hapa jumping up and down for glee celebrating hard about it like you guys over the scrap metal. Centum pia has made modest gains. Looks like signs of a return to a bull market are kicking in, that is why even scrap metal is also moving kiasi. But 6 months from now let us compare notes. If scrap metal breaks 1.20 I will be super surprised.
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sparkly		#1452 Posted : Monday, October 15, 2018 9:05:09 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		MugundaMan wrote: Sparkly, Neveready rose from 90 cents to 1.10 the past week but you do not see me hapa jumping up and down for glee celebrating hard about it like you guys over the scrap metal. Centum pia has made modest gains. Looks like signs of a return to a bull market are kicking in, that is why even scrap metal is also moving kiasi. But 6 months from now let us compare notes. If scrap metal breaks 1.20 I will be super surprised. Celebrate your wins we celebrate ours. The Scrap metal has its risks and not everyone can tolerate the level of risk. Life is short. Live passionately.
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Ericsson		#1453 Posted : Monday, October 15, 2018 9:56:56 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		sparkly wrote: MugundaMan wrote: Sparkly, Neveready rose from 90 cents to 1.10 the past week but you do not see me hapa jumping up and down for glee celebrating hard about it like you guys over the scrap metal. Centum pia has made modest gains. Looks like signs of a return to a bull market are kicking in, that is why even scrap metal is also moving kiasi. But 6 months from now let us compare notes. If scrap metal breaks 1.20 I will be super surprised. Celebrate your wins we celebrate ours. The Scrap metal has its risks and not everyone can tolerate the level of risk. Home Afrika run has come to an end. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Angelica _ann		#1454 Posted : Monday, October 15, 2018 10:59:33 AM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		Ericsson wrote: sparkly wrote: MugundaMan wrote: Sparkly, Neveready rose from 90 cents to 1.10 the past week but you do not see me hapa jumping up and down for glee celebrating hard about it like you guys over the scrap metal. Centum pia has made modest gains. Looks like signs of a return to a bull market are kicking in, that is why even scrap metal is also moving kiasi. But 6 months from now let us compare notes. If scrap metal breaks 1.20 I will be super surprised. Celebrate your wins we celebrate ours. The Scrap metal has its risks and not everyone can tolerate the level of risk. Home Afrika run has come to an end. We are watching it keenly kama Bitcoin Meanwhile the 'beloved' Centum is headed to sub 20 by December 2018. What are they selling this financial year? It will be back to sub 15 bob where we once bought it. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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rwitre		#1455 Posted : Monday, October 15, 2018 12:28:07 PM
Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi		Angelica _ann wrote: Ericsson wrote: sparkly wrote: MugundaMan wrote: Sparkly, Neveready rose from 90 cents to 1.10 the past week but you do not see me hapa jumping up and down for glee celebrating hard about it like you guys over the scrap metal. Centum pia has made modest gains. Looks like signs of a return to a bull market are kicking in, that is why even scrap metal is also moving kiasi. But 6 months from now let us compare notes. If scrap metal breaks 1.20 I will be super surprised. Celebrate your wins we celebrate ours. The Scrap metal has its risks and not everyone can tolerate the level of risk. Home Afrika run has come to an end. We are watching it keenly kama Bitcoin Meanwhile the 'beloved' Centum is headed to sub 20 by December 2018. What are they selling this financial year? It will be back to sub 15 bob where we once bought it. HAFR just taking a breather because jittery speculators read a Wazua post showing a non-related property by a shareholder who is not even involved in day-to-day running of the listed firm was running into headwinds with serikali. No reason to sell yet from my perspective. Don't have a concrete reason to. Still in the bus.
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MugundaMan		#1456 Posted : Monday, October 15, 2018 1:59:19 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		Angelica _ann wrote: We are watching it keenly kama Bitcoin Meanwhile the 'beloved' Centum is headed to sub 20 by December 2018. What are they selling this financial year? It will be back to sub 15 bob where we once bought it. @Double-A, Hating on ICDC will not increase the fortunes of scrap metal ICDC: REAL profits; dani yage price to book value; dani yage Dividends; nyweee Projects in pipeline; too many to count jameni Management expertise; dani yaghe kabisaaa Political connections; dani yage Waht more do you want jameni? On the other hand HAFR (scrap metal) REAL profits; zero from IPO. Big round zero, very zero. Has never made a coin. This alone should have scared you off. Price to book; means nothing in this case because profits are zero and assets are encumbered by hefty debts and books are regularly cooked. The company itself has admitted to this. What more do you want to be told by them? Projects in pipeline; Beside mugunda sales for third parties, hakuna kitu cha maana. In fact pipeline projects of yesteryears have all collapsed. Ilango, Lakeview, need I mention more? Management Expertise: Zero. This fellows have a bloated workforce and crazy expenses that seem to be growing yearly yet dwindling cash flows and incomplete or collapsed projects. They should have been fired years ago. Political connections; zero Afadhali hata Sportpesa, my sista. At least with SportPesa when one gambles they know it is complete pata potea. To speculate on this thing (scrap metal) is to literally throw good money down the pit latrine and enjoy it. Maanchap kweli kweli.
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MugundaMan		#1457 Posted : Monday, October 15, 2018 2:46:41 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		So much for the "lots of demand and no supply" myth that our broda Sparky has been touting hapa for a week! A paltry 100 shares demand verses almost half a million shares on offer for sale at this moment today Ya dunia kweli si chache.. this thing will be at 20 cents within a month at this rate. Rwitre and Kayhara I hope you have bailed out of this mbus!
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rwitre		#1458 Posted : Monday, October 15, 2018 6:59:23 PM
Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi		MugundaMan wrote: So much for the "lots of demand and no supply" myth that our broda Sparky has been touting hapa for a week! A paltry 100 shares demand verses almost half a million shares on offer for sale at this moment today Ya dunia kweli si chache.. this thing will be at 20 cents within a month at this rate. Rwitre and Kayhara I hope you have bailed out of this mbus! Relax kaka....those "almost half a million shares" on sale are just worth around Sh 400,000. That 100 shares demand is a bored speculator teasing the market Meaning: Those heavily invested in HAFR are not selling. New buyers are hesitant. This does not call for panic.
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obiero		#1459 Posted : Monday, October 15, 2018 8:19:09 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi		KTN NEWS right now KQ ABP 4.26
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MugundaMan		#1460 Posted : Monday, October 15, 2018 9:02:51 PM
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)		rwitre wrote: Relax kaka....those "almost half a million shares" on sale are just worth around Sh 400,000. That 100 shares demand is a bored speculator teasing the market Meaning: Those heavily invested in HAFR are not selling. New buyers are hesitant. This does not call for panic. Whatever you say papa! that ka hun'red is a market maker from among the major brokers trying to prevent a complete collapse of the stock by showing some token demand. And even then he did not want to risk anything beyond a massive 80 bob on this super nyani on this particular day
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